29
Sep
16:42
Krakatau delays blast furnace start amid corruption claims
Indonesian state-owned Krakatau Steel expects to operate its new blast furnace in the third quarter of 2022, Kallanish understands from local media reports. The long-delayed start-up demonstrates signs of corruption, according to state-owned enterprises minister Erick Thohir.
The company has long planned to operate a 1,832 cubic metre, 1.2 million tonne/year blast furnace, and has even declared official openings in the past. However, the plant has never been fully…
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